June 30,

December 31,

2026

2025

(In thousands)

Mortgage loans on real estate:

Residential

$

463,232

$

484,198

Commercial and multi-family

1,064,771

1,080,739

Construction

163,535

179,266

HELOC and second mortgages

217,150

209,874

1,908,688

1,954,077

Commercial loans:

Commercial

230,870

194,649

SBA PPP

—

5

230,870

194,654

Consumer loans

114,369

120,586

Total loans

2,253,927

2,269,317

Allowance for credit losses

(30,254

)

(29,078

)

Net deferred loan fees

(3,907

)

(3,965

)

Loans, net

$

2,219,766

$

2,236,274

At or for the Three Months Ended June 30, 2026

Residential
Real
Estate

Commercial &
Multi-family
Real Estate

Construction

HELOC
& Second
Mortgages

Commercial

Consumer

Unallocated

Total

(In thousands)

Allowance for credit losses—loans

Balance at March 31, 2026

$

784

$

15,939

$

719

$

426

$

3,188

$

4,107

$

4,517

$

29,680

Provision (credit) for credit losses

292

454

42

16

838

(537

)

(305

)

800

Loans charged-off

—

(41

)

—

—

(60

)

(163

)

—

(264

)

Recoveries

4

24

—

1

—

9

—

38

Balance at June 30, 2026

$

1,080

$

16,376

$

761

$

443

$

3,966

$

3,416

$

4,212

$

30,254

Allowance for off-balance
   sheet credit exposures

Balance at March 31, 2026

$

21

$

97

$

311

$

204

$

92

$

—

$

57

$

782

Provision for credit losses

7

76

74

7

(33

)

—

(131

)

—

Balance at June 30, 2026

$

28

$

173

$

385

$

211

$

59

$

—

$

(74

)

$

782

At or for the Six Months Ended June 30, 2026

Residential
Real
Estate

Commercial &
Multi-family
Real Estate

Construction

HELOC
& Second
Mortgages

Commercial

Consumer

Unallocated

Total

(In thousands)

Allowance for credit losses—loans

Balance at December 31, 2025

$

768

$

16,690

$

699

$

417

$

3,013

$

5,598

$

1,893

$

29,078

Provision (credit) for credit losses

304

(312

)

62

25

1,013

(911

)

2,319

2,500

Loans charged-off

—

(41

)

—

—

(60

)

(1,341

)

—

(1,442

)

Recoveries

8

39

—

1

—

70

—

118

Balance at June 30, 2026

$

1,080

$

16,376

$

761

$

443

$

3,966

$

3,416

$

4,212

$

30,254

Allowance for off-balance
   sheet credit exposures

Balance at December 31, 2025

$

6

$

210

$

292

$

202

$

62

$

—

$

10

$

782

Provision for credit losses

22

(37

)

93

9

(3

)

—

(84

)

—

Balance at June 30, 2026

$

28

$

173

$

385

$

211

$

59

$

—

$

(74

)

$

782

At or for the Three Months Ended June 30, 2025

Residential
Real
Estate

Commercial &
Multi-family
Real Estate

Construction

HELOC
& Second
Mortgages

Commercial

Consumer

Unallocated

Total

(In thousands)

Allowance for credit losses—
   loans

Balance at March 31, 2025

$

1,201

$

15,478

$

615

$

496

$

2,777

$

5,493

$

1,947

$

28,007

Provision (credit) for credit
   losses

(240

)

33

140

(106

)

(172

)

(25

)

2,320

1,950

Loans charged-off

—

—

—

—

—

(75

)

—

(75

)

Recoveries

4

15

—

—

7

22

—

48

Balance at June 30, 2025

$

965

$

15,526

$

755

$

390

$

2,612

$

5,415

$

4,267

$

29,930

Allowance for off-balance
   sheet credit exposures

Balance at March 31, 2025

$

9

$

48

$

266

$

2

$

22

$

—

$

40

$

387

Provision for credit losses

(6

)

1

89

—

8

—

(32

)

60

Balance at June 30, 2025

$

3

$

49

$

355

$

2

$

30

$

—

$

8

$

447

At or for the Six Months Ended June 30, 2025

Residential
Real
Estate

Commercial
& Multi-family
Real
Estate

Construction

HELOC
& Second
Mortgages

Commercial

Consumer

Unallocated

Total

(In thousands)

Allowance for credit losses—
   loans

Balance at December 31, 2024

$

1,304

$

13,326

$

583

$

568

$

2,741

$

5,594

$

2,107

$

26,223

Provision (credit) for credit
   losses

(347

)

2,170

172

(178

)

(53

)

(24

)

2,160

3,900

Loans charged-off

—

—

—

—

(83

)

(179

)

—

(262

)

Recoveries

8

30

—

—

7

24

—

69

Balance at June 30, 2025

$

965

$

15,526

$

755

$

390

$

2,612

$

5,415

$

4,267

$

29,930

Allowance for off-balance
   sheet credit exposures

Balance at December 31, 2024

$

3

$

55

$

344

$

1

$

9

$

—

$

35

$

447

Provision for credit losses

—

(6

)

11

1

21

—

(27

)

—

Balance at June 30, 2025

$

3

$

49

$

355

$

2

$

30

$

—

$

8

$

447

June 30, 2026

December 31, 2025

Non-Accrual Loans With an Allowance

Non-Accrual Loans Without an Allowance

Total Non- Accrual Loans

Non-Accrual Loans With an Allowance

Non-Accrual Loans Without an Allowance

Total Non- Accrual Loans

(In thousands)

Mortgage loans on real estate:

Residential

$

—

$

3,684

$

3,684

$

—

$

3,750

$

3,750

Commercial and multi-family

29,051

6,715

35,766

18,039

12,741

30,780

HELOC and second mortgages

—

1,027

1,027

—

1,150

1,150

Commercial

—

1,068

1,068

292

—

292

Consumer

190

1,009

1,199

197

1,259

1,456

Total

$

29,241

$

13,503

$

42,744

$

18,528

$

18,900

$

37,428

Combination
Payment
Delay and
Term
Extension

Payment
Delay

Combination
Term
Extension,
Payment
Delay and
Interest
Rate
Reduction

Term
Extension

% of Total
Class of
Financing
Receivables

Three Months Ended June 30, 2025

(In thousands)

Mortgage loans on real estate:

Residential

$

—

$

484

$

—

$

—

0.08

%

Commercial and multi-family

—

—

—

3,564

0.33

%